General Motors is facing five different government probes in connection with its recent recalls, the automaker said in a regulatory filing on Thursday.
Property and casualty insurer Chubb Corp reported a 32% fall in first-quarter profit, hurt by higher catastrophe losses related to the severe winter in the United States.
Americans with accounts on President Barack Obama's health insurance enrollment website, HealthCare.gov, were advised that their passwords had been reset to guard against the "Heartbleed" bug, in a message posted on the site on Saturday.
Bond insurer Financial Guarantee Insurance Co said it had reached an agreement with Bank of America Corp to settle litigation related to nine second-lien residential mortgage-backed securitizations FGIC had insured.
Congressional pressure has moved the National Retail Federation to establish an industry group that will foster sharing of security info between the public and private sector.
New York State's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.
Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars.
Bank of America and QBE Insurance Corp have agreed to pay $228 million to settle claims that they engaged in a kickback scheme inflating the cost of insurance that homeowners were forced to buy, according to a court filing.
Arthur J. Gallagher & Co. is selling 19 million shares of common stock to help fund the purchase of Wesfarmers Ltd.s insurance brokering operation, as the buyer extends its growth outside the U.S.
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"articles": [
{
"uri": "/2014/04/24/gm-says-facing-multiple-probes-into-recent-recalls/",
"title": "GM Says Facing Multiple Probes into Recent Recalls",
"byline": "Sarah N. Lynch, Reuters",
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"summary": "General Motors is facing five different government probes in connection with its recent recalls, the automaker said in a regulatory filing on Thursday.",
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{
"uri": "/2014/04/24/chubbs-profit-falls-32-on-higher-catastrophe-losses/",
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"summary": "Property and casualty insurer Chubb Corp reported a 32% fall in first-quarter profit, hurt by higher catastrophe losses related to the severe winter in the United States.",
"body": null
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{
"uri": "/2014/04/24/all-at-sea-global-shipping-fleet-exposed-to-hacking-threat/",
"title": "All at Sea: Global Shipping Fleet Exposed to Hacking Threat",
"byline": "Jeremy Wagstaff, Reuters",
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"prettyDate": "April 24, 2014",
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"summary": "The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90% of the goods moved around the planet.",
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{
"uri": "/2014/04/20/obamacare-enrollees-urged-to-change-passwords-over-heartbleed-bug/",
"title": "Obamacare Enrollees Urged to Change Passwords over Heartbleed Bug",
"byline": "Chris Francescani, Reuters",
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"prettyDate": "April 20, 2014",
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"summary": "Americans with accounts on President Barack Obama's health insurance enrollment website, HealthCare.gov, were advised that their passwords had been reset to guard against the \"Heartbleed\" bug, in a message posted on the site on Saturday.",
"body": null
},
{
"uri": "/2014/04/16/fgic-bofa-settle-litigation-over-mortgage-backed-securities/",
"title": "FGIC, BofA Settle Litigation over Mortgage-Backed Securities",
"byline": "Reuters",
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"prettyDate": "April 16, 2014",
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"summary": "Bond insurer Financial Guarantee Insurance Co said it had reached an agreement with Bank of America Corp to settle litigation related to nine second-lien residential mortgage-backed securitizations FGIC had insured.",
"body": null
},
{
"uri": "/2014/04/15/u-s-retailers-to-share-cyber-threat-data/",
"title": "U.S. Retailers to Share Cyber Threat Data",
"byline": "Jim Finkle, Reuters",
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"prettyDate": "April 15, 2014",
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"summary": "Congressional pressure has moved the National Retail Federation to establish an industry group that will foster sharing of security info between the public and private sector.",
"body": null
},
{
"uri": "/2014/04/09/n-y-regulator-subpoenas-4-insurers-in-iran-sanctions-probe-source/",
"title": "N.Y. Regulator Subpoenas 4 Insurers in Iran Sanctions Probe: Source",
"byline": "Karen Freifeld, Reuters",
"kicker": "News",
"prettyDate": "April 09, 2014",
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"summary": "New York State's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.",
"body": null
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{
"uri": "/2014/04/08/energy-companies-need-insurance-cover-for-cyber-attack-time-bomb/",
"title": "Energy Companies Need Insurance Cover for Cyber Attack 'Time Bomb'",
"byline": "Michael Szabo, Reuters",
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"prettyDate": "April 08, 2014",
"timeToRead": "3 minute",
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"authors": [
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"summary": "Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a \"time bomb\" that could cost the industry billions of dollars.",
"body": null
},
{
"uri": "/2014/04/07/bank-of-america-qbe-to-settle-force-placed-insurance-lawsuit-for-228m/",
"title": "Bank of America, QBE to Settle Force-Placed Insurance Lawsuit for $228M",
"byline": "Dena Aubin, Reuters",
"kicker": "News",
"prettyDate": "April 07, 2014",
"timeToRead": "3 minute",
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"summary": "Bank of America and QBE Insurance Corp have agreed to pay $228 million to settle claims that they engaged in a kickback scheme inflating the cost of insurance that homeowners were forced to buy, according to a court filing.",
"body": null
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{
"uri": "/2014/04/07/gallagher-to-sell-890m-of-shares-to-help-fund-acqu/",
"title": "Gallagher to Sell $890M of Shares to Help Fund Acquisition of Wesfarmers",
"byline": " Narayanan Somasundaram, Reuters, Zachary Tracer ",
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"prettyDate": "April 07, 2014",
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"summary": "Arthur J. Gallagher & Co. is selling 19 million shares of common stock to help fund the purchase of Wesfarmers Ltd.s insurance brokering operation, as the buyer extends its growth outside the U.S.",
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